Airlines
JetBlue To Retest 5 Year HighAs you can tell by this monthly chart. JetBlue is absolutely primed to makr the next run up and break through the 5 yr down trend that has plagued the firm. With covid restricting travel, as restrictions ease up people will only fly more, and after not being able to for a while, they will flock in large numbers. MaCD bullish cross. If we do not break the 5 yr resistance heading back down to $15 range
United Air lineBased on analysts offering 12 month price targets for UAL in the last 3 months. The average
price target is $48.91 with a high estimate of $62 and a low estimate of $32.
Analyst Firms Making Recommendations
B OF A GLBL RES
BARCLAYS CAPITA
BERENBERG BANK
CITIGROUP
COWEN & COMPANY
DEUTSCHE BK SEC
EVERCORE ISI
EXANE BNP PARIB
GOLDMAN SACHS
JEFFERIES & CO.
JP MORGAN SECUR
MORGAN STANLEY
RAYMOND JAMES
SANFORD BERNSTE
SEAPORT GLOBAL
STIFEL NICOLAUS
SUSQUEHANNA
UBS
VERTICAL RESEAR
WOLFE RESEARCH
*** at least there some insider bought
Insider Ownership Percentage: 0.40%
Insider Buying (Last 12 Months): $93,100.00
Insider Selling (Last 12 Months): $14,330,625.40
***Assets more than liabilities.
Period Ending: Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Total Assets 59548 52611 49024 42346
Total Liabilities 53588 41080 38982 33612
Total Equity 5960 11531 10042 8734
Strong institutional ownership is an indication that hedge funds, large money managers
and endowments believe a company will outperform the market over the long term.
Well Institutional Ownership Percentage: 60 % 3ed in ranking
74% of South West air line shares are owned by institutional investors
73.1% of Alaska Air Group shares are owned by institutional investors
-60.9% of United Airlines shares are owned by institutional investors
-59.5% of Delta Air Lines shares are owned by institutional investors
--44.4% of American Airlines Group shares are owned by institutional investors
Mesa AirIncredible 300% increase over just a range of about 100 days. Earnings have been over expectation for the last two quarters and there is a dramatic increase in volume over the last week. The options market has started to increase as well with 10,000 Open interest for the $12 Call with the 19 Mar 21 exp. Looking to see how price reacts from this current high. Potential for retracement back towards $11 a share is in the spectrum of possibilities just as is it moving up towards $16 a share. Looking forward to seeing the coming weeks for Mesa Air group.
If we don't crash, this ticker has potential last leg up . ***Based on analysts offering 12 month price targets for ALK in the last 3 months.
The average price target is $62.57 with a high estimate of $74 and a low estimate of $54
Analyst Firms Making Recommendations
B OF A GLBL RES
COWEN & COMPANY
DEUTSCHE BK SEC
JP MORGAN SECUR
MORGAN STANLEY
RAYMOND JAMES
SEAPORT GLOBAL
STIFEL NICOLAUS
Selling over 1000% than buying !!!!
***Insider Ownership Percentage: 0.47%
Insider Buying (Last 12 Months): $70,357.93
Insider Selling (Last 12 Months): $948,422.63
Short volume is going down !!!
***Current Short Volume: 3,230,000 shares
Previous Short Volume: 5,510,000 shares
Change Vs. Previous Month: -41.38%
Dollar Volume Sold Short: $163.66 million
Short Interest Ratio / Days to Cover: 2.0
Last Record Date: January, 15 2021
Outstanding Shares: 123,340,000 shares
Float Size: 123,070,000 shares
Short Percent of Float: 2.62%
Today's Trading Volume: 1,547,225 shares
Average Trading Volume: 2,034,642 shares
Today's Volume Vs. Average: -23.96%
Strong institutional ownership is an indication that hedge funds, large money managers
and endowments believe a company will outperform the market over the long term
****73.1% of Alaska Air Group shares are owned by institutional investors
-60.9% of United Airlines shares are owned by institutional investors
-59.5% of Delta Air Lines shares are owned by institutional investors
--44.4% of American Airlines Group shares are owned by institutional investors
AAL Long GameSpikes in American Airlines have been pretty common over the last the past six months. With sudden spikes to the stock over $18 or within that target price range. As of recently, the stock beat their estimates by $0.25. However, due to COVID-19, the stock will see very neutral trends and even bear trends. In 2019, American Airlines revenue was at $47.7B which was sharply taken away from the pandemic with a revenue of only $17.34B in 2020. As of recently, American Airlines warned employees they should brace for another wave of furloughs. The Center for Disease Control recently updated their guidelines when people are using public transportation to wear the appropriate attire to prevent the spread of COVID-19.
While the public's use of airlines has decreased over the past year people are still using the airline. Currently, it is hard to determine if the updated regulations on people traveling will improve revenue and make travelers feel safer when they travel.
This should not scare the buyers or the bulls away.
Will it take some time for NASDAQ:AAL to recover? Yes, it will take close to a year if not longer to recover. Despite a long recovery time the stock is still undervalued.
It's hard to estimate when there will the "pre-COVID" stock price but eventually the company can get there.
Long will be the best strategic outcome for this stock because of its necessity to people who travel for work or vacations. While it looks like there are no future plans of government action to be taken on airlines and transportation (again) it should not be surprising. Especially, if such action were to be taken up late spring/early summer. For the time being, it is quite frankly just a long waiting game.
References:
"American Airline Jobs." (Reuters). www.reuters.com
"Requires Face Masks." Center for Disease Control. www.cdc.gov
LUFTHANSA Swing Stock Pick! Buy!
Hello,Traders!
LHA is a german airline giant in distress due to covid travel restrictions
However, the company is still great and it is bouncing from the absolute lows!
So the reversal has already begun and there are 3 targets on its way UP!
Also, on the fundamental side, it is the too big to fail case
Which means the german Government will certainly Bail this company out
If the going gets hard
So I am in and I suggest you buy some as well!
SWING BUY!
Like, comment and subscribe to boost your trading!
See other ideas below too!
Last Boarding CallAs the vaccines roll out and the world over comes the pandemic, travel will be popular among many that have been unable to for the past year.
While still heavily oversold (75% below the all time high in 2018) flight centre remains in a good position to bounce back.
Currently in a rising wedge, price is situated on support and is likely to take off.
AWA's Travel Survey (2020)
69% of Australians hope to travel within the first six months of restrictions being lifted
50% are keen to travel for two weeks or more on their next holiday
74% said they would be comfortable spending just as much on their next holiday as they did pre COVID-19